Monday, August 20, 2007

Islamic LBOs continue, BIMB partners with European Islamic finance firm & new conferences

Arcapita, the Bahrain-based Islamic investment firm will purchase the German firm HT Troplast, which manufactures PVC window and door fittings in a leveraged buy-out despite the problems in the conventional market for credit. The Financial Times suggests that the relatively lower impact upon Islamic investment firms of the credit crisis is "because Islamic investment firms tend to use lower levels of debt to fund their acquisitions [than conventional firms]".

Bank Islam Malaysia Bhd is working on a partnership with an unnamed Islamic bank in Europe

New conferences have been added to the IHI conference listing page for September & October.

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